stockrowVaronis Systems, Inc.
VRNS Technology Software Infrastructure
Varonis Systems, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $623.5 million, up 13.2% from fiscal 2024.
- Revenue
- +18.3%
- EPS
- −28.1%
- Free cash flow
- +15.6%
- Total debt
- +0.45%
Quarter to June 2026, against a year earlier
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Varonis Systems, Inc. (VRNS) Operating margin
Varonis Systems, Inc.'s operating margin over the twelve months to 30 June 2026 was −22.0%, up 1.5 percentage points from fiscal 2025 (−23.5%). Over the past ten years it has ranged from −29.9% (fiscal 2019) to −6.23% (fiscal 2017); the current reading is higher than 45% of that period. That is below the Software Infrastructure industry median of 0.00% and below the Technology sector median of 0.31%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | −23.5% | (2.15) |
| FY2024 | −21.4% | 2.13 |
| FY2023 | −23.5% | 2.12 |
| FY2022 | −25.6% | (0.30) |
| FY2021 | −25.3% | 1.49 |
| FY2020 | −26.8% | 3.10 |
| FY2019 | −29.9% | (19.11) |
| FY2018 | −10.8% | (4.55) |
| FY2017 | −6.23% | 1.00 |
| FY2016 | −7.23% | 7.76 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Jun 2026 | −22.6% | 3.12 |
| Mar 2026 | −25.7% | (8.23) |
| Dec 2025 | −17.5% | 4.78 |
| Sep 2025 | −22.2% | 1.78 |
| 42 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| WEX WEX Inc. compare | 26.6% |
| ACIW ACI Worldwide, Inc. compare | 18.6% |
| BB BlackBerry Limited compare | 13.6% |
| DOX Amdocs Limited compare | 13.5% |
| RELY Remitly Global, Inc. compare | 9.45% |
| BOX Box, Inc. compare | 9.43% |
| TENB Tenable Holdings, Inc. compare | 4.37% |
| VRNS Varonis Systems, Inc. | −22.0% |
| MBGL Mobility Global Inc. compare | — |
| Software Infrastructure industry median | 0.00% |
| Technology sector median | 0.31% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on VRNS
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement